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Block price target raised to $91 from $89 at Oppenheimer

Oppenheimer raised the firm’s price target on Block (XYZ) to $91 from $89 and keeps an Outperform rating on the shares. The firm notes Block delivered a strong Q1, highlighted by accelerating gross profit growth, with Q2 guidance coming in ahead of Street expectations and an upward revision to its 2026 financial outlook.

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